College Counseling Videos
Video Talks with Liz. This is a series of short videos, 30 seconds to about 3 minutes in length, published every Tuesday. Each video will speak to important points on the college admissions and financial aid process that you won’t want to miss. Stay tuned each week and join Liz to gain valuable insight into each of these daunting journeys.
Why can it be important to visit colleges during your college admissions journey? Besides the obvious reason of seeing if it is a good fit, there’s something called “Demonstrated Interest” which can play an important role and a difference in getting an acceptance vs. being declined.
Understanding your bottom line, your out of pocket costs, when it comes to paying for your child’s college education, is paramount. Only compare the merit and financial aid funds you receive as it relates to each school’s cost of attendance and your bottom line. Watch this video to ensure you understand the importance and the difference between the two.
Acceptances are rolling in, it’s time to make the decision on where to attend this Fall and you need to figure out how to finance your child’s college education. Watch this video to better understand the Federal Direct Student Loans as well as the Parent Plus Loan. No matter how you choose to do, Federal or private loans to fund your child’s education, be sure you understand the rules and boundaries and what it means for you down the road.
Make sure you compare each schools’ net cost to you BEFORE you make your final decision. You’ve gotten many acceptances and are thrilled, and you should be. But now comes the time to get real and compare each schools’ net cost to you.
Although this is a video from a sitcom where a family receives their financial aid award letter, reflecting their “happiness” about being broke, we all know this isn’t a joke in real life. Always remember the 3 legs to financing your child’s college education stool: At the beginning of your college search, define your financial boundaries, know your financial aid picture and understand the generosity of the colleges you are applying to.
Making plans to visit some colleges? Watch this video to be sure you plan and prepare for your visit to get the most out of it and you don’t leave without having all of the information you need to help make a decision on whether you would like to apply, or not.
The third leg to the stool in financing your child’s college education is understanding a colleges generosity, and relating it your financial boundaries and financial aid picture. Watch this to touch the surface on pulling together this ever-important picture in paying for college.
Watch this Tuesday Talk With Liz to fully understand why this leg of the stool is critically important to financing your child’s college education. Dismissing it can send you down a dangerous road.